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Its sales and user order volume were four times higher than 2022’s figures.

The retail sector has been undergoing a significant transformation, particularly in the Asian markets where stores are integrating innovative designs and technology-driven features.

The luxury beauty market in Southeast Asia and India is experiencing rapid growth, propelled by increasing GDP per capita and a surge in consumer interest in luxury brands.

Data.ai’s figures also showed that this is a 6% increase compared to the past quarter.

A study showed that 81% choose mobile for their shopping purchase.

El Niño will impact the production of rice, coffee, and cocoa.

The region will experience a market value of $211b and a growth rate of 22% by 2025.

Several manufacturers may face a 22% shortfall, missing out on US$65 billion in export earnings.

Seasonal hiring, labour optimisation, and inventory management are huge factors for a retailer’s success during loaded shopping periods.

Consumers are willing to increase spending for more quality products

Brands will seek out unique human elements as a contrast to faceless algorithms.

The luxury platform sustains a 10% growth every month, with volume surpassing $1m.

Lazada's logistics business unit invited over 30 retailers for the six-month course.

Its net profit reached US$1.95m in H1 2023, up 88.14% from last year.

The luxury beauty markets in the markets will reach $7.6b by 2026.

Consumers from China and Thailand lead the regular social media use for transactions.